What is the current yield to maturity on the zero coupon bond that has a face amount

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What is the current yield to maturity on the zero coupon bond that has a face amount (or par value) of $1,000 and the current market price for the bond is $850? The bond matures in 4 years.

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Financial Markets And Institutions

ISBN: 9781292215006

9th Global Edition

Authors: Stanley Eakins Frederic Mishkin

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Question Posted: Oct 16, 2023 09:34 AM

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What is the current yield to maturity on the zero coupon bond that has a face amount

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The yield to maturity YTM on a zerocoupon bond can be ...View the full answer

Financial Markets And Institutions

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